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Accord Financial Corp T.ACD

Alternate Symbol(s):  T.ACD.DB | ACCFF

Accord Financial Corp. is a Canada-based commercial finance company. The Company operates six finance companies in North America, namely, Accord Financial Inc. (AFIC), Accord Financial Canada Corp. (AFCC) and Accord Financial Ltd. (AFL) in Canada, and Accord Financial, Inc. (AFIU), BondIt Media Capital (BondIt) and Accord CapX LLC (doing business as Accord Equipment Finance (AEF), in the United States. The Company’s business principally involves asset-based lending by AFIC and AFIU, which entails financing or purchasing receivables on a recourse basis, as well as financing other tangible assets, such as inventory and equipment; equipment financing by AEF and AFCC. AFCC also provides working capital financing to small businesses through its Accord Small Business Finance (ASBF) subsidiary; film and media production financing by BondIt; and credit protection and receivables management services by AFL, which principally involves providing credit guarantees and collection services.


TSX:ACD - Post by User

Post by Betteryear2on Jul 28, 2021 4:32pm
163 Views
Post# 33618064

Declares Regular Quarterly Dividend of 5 Cents Per Share

Declares Regular Quarterly Dividend of 5 Cents Per Share

TORONTOJuly 28, 2021 /CNW/ - Accord Financial Corp. (TSX: ACD) today announced that its Board of Directors has declared a quarterly dividend of $0.05 per share, payable September 1, 2021, to shareholders of record at the close of business August 16, 2021.

About Accord Financial Corp.
Accord Financial is North America's most dynamic commercial finance company providing fast, versatile financing solutions for companies in transition including factoring, inventory finance, equipment leasing, trade finance and film/media finance. By leveraging our unique combination of financial strength, deep experience and independent thinking, we craft winning financial solutions for small and medium-sized businesses, simply delivered, so our clients can thrive. For 43 years, Accord has helped businesses manage their cash flows and maximize financial opportunities.

 
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